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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Detail-MD who wrote (110060)3/18/1999 11:25:00 AM
From: Ian@SI  Respond to of 176387
 
OT to Steve,

I'm amazed!!!

You want someone to help you convince your friend to spend $300,000 to buy stock which can be purchased for less than $250,000 on the open market.

Tell you what. Just for you, I'll sell you the 6000 shares for $290,000 today.

You just saved $10,000.

What did this "friend" ever do to get you as his financial advisor?

Ian.



To: Detail-MD who wrote (110060)3/18/1999 11:31:00 AM
From: Paul Merriwether  Respond to of 176387
 
Steve
Did you convince your friend to buy "(6) count'm--60 March $50 call options" on which he/she is losing $40K tomorrow in the first place. Seems like you'll have a helluva time convincing them to put another $300K!

> doesn't know DELL from
CSCO, so I have to convince him.

And he made such a big options bet? Amazing(and scary!)...



To: Detail-MD who wrote (110060)3/18/1999 11:31:00 AM
From: PMS Witch  Read Replies (1) | Respond to of 176387
 
Sounds like the blind leading the blind to me!

Why in the world would anyone pay $50 for something they could get for $40? Let your friend eat his option losses. An expensive lesson about listening to foolish advice. Maybe he'll be $40,000 poorer but he'll also be $40,000 wiser. Sure, if he's got $300,000 sitting around, Dell's probably as good a place to put it as any, but if he has an extra $300,000 sitting around, why not have him pay for some SOUND advice? I've helped people with investments, but I have ALWAYS been there to make good ANY and ALL their losses. Have a nice week, PW.

P.S. A shut mouth catches no feet.



To: Detail-MD who wrote (110060)3/18/1999 11:31:00 AM
From: Devil's Advocate  Respond to of 176387
 
Tell your friend to take his lost. It will not be magically erased by exercising.



To: Detail-MD who wrote (110060)3/18/1999 11:55:00 AM
From: Hector  Respond to of 176387
 
Take your loss!



To: Detail-MD who wrote (110060)3/18/1999 12:17:00 PM
From: SecularBull  Read Replies (2) | Respond to of 176387
 
Let the calls expire worthless, and book the tax loss. There's nothing else that can be done. Exercising is foolish, IMHO, when you can just buy the shares at $42 right now.

LoD



To: Detail-MD who wrote (110060)3/18/1999 3:21:00 PM
From: Mark Peterson CPA  Respond to of 176387
 
OT

Your challenge is a daunting one for even a five star chef. You're basically asking WM to make chicken salad out of chicken sh.t.

Lessons best remembered are those you pay for dearly. That's why you can't get anybody to pay attention to free advice...

Good luck and take the tax loss,

Mark A. Peterson